Disclosure certainty 4/5 debate potential 1/5

Kozinsky: Enduring Ventures owns 12 businesses, mostly from retiring owners

Sieva Kozinsky · Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures · Jul 19, 2022 · at 6:29

Sieva Kozinsky, co-founder of Enduring Ventures, describes the portfolio composition and core acquisition strategy of his holding company.

0:00 / 0:19exact quote · 19.5s
720p mp4 · rendered on demand · StarZero watermark
“We are now owners of 12 businesses two of them or three of them actually are tech companies. We also have a venture studio, so we've started a couple of businesses, but 90% of what we do is we buy businesses that are generating cash flow from retiring owners.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Sieva Kozinsky

Prediction Not checkable as stated
Kozinsky: More VC 'fallen angels' will seek soft landings within two years
“There's probably going to be more opportunities like up council and our other businesses. That's the VC fallen angels, the businesses that have raised a lot of capital, but maybe haven't grown into, haven't fully grown into the scale that they should be at. So…”
Sieva Kozinsky Jul 19, 2022 ▶ 34:31 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
Disclosure
Kozinsky: Enduring Ventures targets 3x-5x cash flow multiples for acquisitions
“We really like to buy at valuations that are three to five times cashflow. So if a business does a million dollars of cashflow per year, We really want, don't want to pay more than three to five million dollars to acquire it, and you really can't get that in m…”
Sieva Kozinsky Jul 19, 2022 ▶ 11:58 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
Disclosure
Enduring Ventures Targets Unprofitable Venture-Backed Tech Startups With Strong Revenue
“We've actually redirected our focus in tech to just focus on businesses like UpCouncil that have good revenue that don't quite have the profits to support it and that we can turn around and create a cashflow engine from them because in those situations we can …”
Sieva Kozinsky Jul 19, 2022 ▶ 12:07 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
Insight
Kozinsky: Founders should start exit planning 3 to 5 years early
“I actually recommend, at the very least, thinking about your sale process three years before you plan to do it, and ideally even four or five years if you're not in a rush, right, because you can really optimize your business for the sale”
Sieva Kozinsky Jul 19, 2022 ▶ 21:01 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
Insight
Kozinsky: Founders selling to PE must demonstrate profitability or clear profit levers
“If you're a year out or you're two years out and you've had zero profit this whole time, which many businesses do or negative profit, consider showing profit or considering structuring your business so that you can make it very clear to the buyer that these tw…”
Sieva Kozinsky Jul 19, 2022 ▶ 27:57 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
Disclosure
Kozinsky: Enduring Ventures Buys Cash-Flowing Businesses to Hold Forever
“So enduring is a long-term holding company. What we do is we buy cash flowing businesses at reasonable prices and we pair them with great operators and we run them and we hold them as a portfolio forever. That's our plan.”
Sieva Kozinsky Jul 19, 2022 ▶ 1:06 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 100 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.